High prices not a problem if you got MONEY

stompix

legendary

Activity: 2828

Merit: 6108

Jambler.io

Quote from: PaulBf1 on August 16, 2022, 01:18:46 PM

Are you okay mate ? i have read this thread 5 times now and have absolutely no fucking clue on what you're trying to say.

No, he's not, that's why he keeps creating accounts and he keeps making those topics, but I am genuinely happy people are starting to understand that there is like no reason to try to talk to him, he will just ignore reasons and start a new topic tomorrow.

Quote from: mk4 on August 17, 2022, 12:19:22 AM

Seriously, it doesn't seem that you even understand the concept of supply and demand.

But he does, that's why you see a lot of topics by him here, he understands that there is no such demand for its bullshit, so he keeps producing more and more to oversaturate the market and drive the price down to cool inflation.
It's all a great scheme, but you have to be really clever and completely drunk out of your minds to see it.

Anyhow, from now on I'll start again reporting his crappy topics and if it helps and people see them getting deleted one after other they would stop paying attention to him, maybe, hopefully.

Cookdata

hero member

Activity: 910

Merit: 875

Not Your Keys, Not Your Bitcoin

Quote from: 325btc on August 16, 2022, 01:04:48 PM

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I've capcut what you've typed there in case you change your mind. However, what you said makes no sense; you obviously don't understand economics; stable coins are no different from fiat, only that they are digital money utilized in cryptocurrencies. When you print more money out of nowhere and due to the obvious power invested in some sector, they just want to forcefully give it value and you expect it to be balanced with life expectations, inflation is unavoidable when you go brrr, this is what fiat has been struggling with for decades, and 2022 was the rollercoaster of all, you see the FEDs making adjustments every month just to balance everything.

325btc

jr. member

Activity: 224

Merit: 5

Quote from: so98nn on August 17, 2022, 01:03:28 AM

So you want to create coins and circulate them and hope that money will just flood back to you. That ain’t happening because that needs proper planning, developers, and execution of all the roadmaps step by step. You will need huge marketing to convince the investors.

Just having huge amount of money in bank account is not going to work by itself, you need to take 100x efforts to do so successfully.

Marketing is easy look how many poor people we have all of them will join with this np.

ethereumhunter

hero member

Activity: 2856

Merit: 541

Leading Crypto Sports Betting & Casino Platform

What do you mean?

But your thread title has a point because if you have a lot of money, the price of something doesn't matter. After all, you can buy it whenever you want. But so far, many people keep trying to collect a lot of money in many ways; some of them can earn a lot of money. Only people who are willing to put in the effort can raise a lot of money to spend on whatever things they want.

We already have the opportunity to invest in crypto; if your coin choice is right, you can have a lot of money to its advantage. And it will make you richer than ever if that is the reason you invest in crypto.

Zilon

sr. member

Activity: 966

Merit: 421

Bitcoindata.science

Solution to high inflation is obviously money and there is an extent to which every ones money can stretch especially during inflation, trust me creating more stable coin and circulating it will not only make the value useless it will also keep the inflation rate even higher that no matter how much stable coin gets created and circulated it will never be enough to solve human needs. Money printing is a call for inflation

Don Pedro Dinero

legendary

Activity: 1274

Merit: 1491

The first decentralized crypto betting platform

Quote from: 325btc on August 16, 2022, 01:04:48 PM

<...>

The title is fine, but what you wrote in this first post makes no sense.

People who have money are not so affected by inflation. In any case, someone who has a surplus, who with his income more than covers his expenses and the rest he uses for savings and perhaps investment, has not been so affected by inflation.

Moreover, if he invests because he has a business or some other type of investment, he ends up, with the returns on those investments, beating inflation.

As for the stable coins nonsense, you have already been well answered before.

dothebeats

legendary

Activity: 3542

Merit: 1352

Excel is fun

I wish that it could just be that easy. Imagine being a developer with some fortune on the side and your business is creating stablecoins for other people so that they can use it to buy goods. How lovely would that world be Grin

But also, it would mean that the financial system is broken and that money is valueless, but for some reason a lot of people is still inclined to accept it even though it's really worth shit. Everything else failed, hence why the creation of money by other entities is permitted and that it is somehow working.

No matter how much we turn the world upside down, the continuous printing of money to solve rising prices of goods will always end up in a disaster.

so98nn

hero member

Activity: 2072

Merit: 603

So you want to create coins and circulate them and hope that money will just flood back to you. That ain’t happening because that needs proper planning, developers, and execution of all the roadmaps step by step. You will need huge marketing to convince the investors.

Just having huge amount of money in bank account is not going to work by itself, you need to take 100x efforts to do so successfully.

mk4

legendary

Activity: 2716

Merit: 3817

🪸 NotYourKeys.org 🪸

You can't just willy nilly print stablecoins when you want and you're going to have money to spend for whatever. Stablecoin issuers(the legitimate ones, not the algos) actually have to control the supply reflexively to keep the peg at $1.

And knowing that you're going to create a stablecoin that almost no-one will use, you obviously can't print your way out to riches.

Seriously, it doesn't seem that you even understand the concept of supply and demand.

Darker45

legendary

Activity: 2548

Merit: 1847

🙏🏼Padayon...🙏

You're simply stating the obvious here. Prices of goods and services are not assessed on their own but always vis-à-vis the purchasing power or capacity of consumers. That the price of a cup of coffee doubles is not really what the people consider as the problem, the problem in fact is that despite this massive increase their salaries remain the same.

And the solution is not money because money itself is the problem. You continue printing and printing money, the prices of goods and services will also rise and rise, and your money will also fast lose its value. You're running around in circles. The solution is to create a stable economy.

Hydrogen

legendary

Activity: 2562

Merit: 1441

Image link: https://i.imgur.com/uzmJFuU.jpg

Pictured above: hyperinflation has devalued currency to a point where a billion became worthless in recent history.

Which is why many recommend bitcoin, commodities, precious metals and real estate as investments for eras of high inflation. Physical assets like cars, big screen tvs and electronic devices will also usually depreciate at a slower rate than currency under high inflation.

Stablecoins are great but to be effective they must usually be pegged to some type of intrinsic backing.

The value of physical assets and goods could rise. While non backed, less tangible, assets could trend towards reduced demand.

coolcoinz

legendary

Activity: 2604

Merit: 1102

If you have money, right? So let's say you have a lot of fiat and we go into a hyperinflation crisis, you can expect something like in Venezuela, where you can spend a million bolivars which is a few notes and you won't even spend 2 USD. You have a wallet so full that you won't be able to close it, but all you'll be able to buy with that full wallet is a meal restaurant and some groceries.

Having money is not going to save you in a crisis. You'll be in a better situation than people with no money, but you'll be quickly approach a moment when you have money and can't buy anything.

GeorgeJohn

hero member

Activity: 1400

Merit: 655

Bitcoin is achievement

Some times i found it very difficult to understand exactly what is your objectives in making topic. Actually what you are trying to explain is really nice. But the way you portray it, it's something exceptional, from my perspective individual person doesn't have the audacity to print a currency but you have the authority of having your token. That's the difference between token which is digital and decentralized currency and centralised currency

325btc

jr. member

Activity: 224

Merit: 5

Quote from: PaulBf1 on August 16, 2022, 01:18:46 PM

Are you okay mate ? i have read this thread 5 times now and have absolutely no fucking clue on what you're trying to say.

All your recently created topics seem to be following the same formula here, it's a bunch of nonsense written in bad grammar and no real idea behind it

have a look:

the usa can be still world police and so active in foreign dealings ?but own PE
Solution for crisis and poverrty here is crypto way stable coins
Average crypto futures trader monthly salary is 9000$-30,000$
Btc not money

the list goes on and on..

Im a bot ur critics not gona make any of my emotions nerves to move

PaulBf1

member

Activity: 134

Merit: 13

Are you okay mate ? i have read this thread 5 times now and have absolutely no fucking clue on what you're trying to say.

All your recently created topics seem to be following the same formula here, it's a bunch of nonsense written in bad grammar and no real idea behind it

have a look:

the usa can be still world police and so active in foreign dealings ?but own PE
Solution for crisis and poverrty here is crypto way stable coins
Average crypto futures trader monthly salary is 9000$-30,000$
Btc not money

the list goes on and on..

325btc

jr. member

Activity: 224

Merit: 5

So solution is money
We all shoulb be creating stable coins like grazy now.
So then we have a lot money.
We all can create some tron usdt stable coins or on the other blockchains.

We should be printing money then no problem powrr prices food prices fuel np we live well.
Once we got our own coins in circlelation and many business such us food providers will join then we got it all

So right guys let the crypto money printer go brrrrr.....brrr

Topic: High prices not a problem if you got MONEY (Read 160 times)